Word: stocked
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Dates: during 1900-1909
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...Bangs was born in Brewster in 1842. He graduated from Harvard in '63 and later entered a Boston brokerage house. He afterwards became president of the Boston Stock Exchange, a position he held up to the time of his death...
...furnishings, 63 per cent.; tailoring, 61 per cent.; Medical School branch, 12 per cent.; furniture, 137 per cent. The total increase is about 25 per cent. The success of the furniture department, which was started last year as an experiment, is particularly to be noticed. Next year a large stock of photographic supplies, including printing, developing, mounting and framing materials will be offered for sale...
...United States was the first country to take a genuine census, and has continued the custom from the beginning. Census taking differs from registration much as the counting of stock differs from bookkeeping. The deficiency of the United States in registration is very noticeable, and has led to efforts to make the census take the place of registration, an attempt which has, however, proved unsatisfactory. The census of recent years has been overburdened with matters of secondary importance, but the new law is an improvement in this respect...
...most important remedies would be enforced publicity, compelling the directors to run the company in the interests of the stock-holders, and doing away with the great profits of the promoter. This publicity would not necessarily betray any of the secrets of the business to a rival, for reports could be made only to stock-holders, which might be verified by a board of auditors chosen by the stock-holders themselves. Still it would probably be unwise to do anything further than to take away the special advantages of trusts, which verge on monopolies...
...paid out on combined profits. Much anti-trust legislation, however, led to the formation of the typical form of trust--the single corporation. The form of Trust which is now in the ascendant is modelled much after the old Trust. A central company is organized to buy up all stock of all the corporations. Technically the individual boards of directors manage their own affairs, but in reality, the directors of the central company have the power. In all previous forms of the Trust, competition between the individual companies has been stopped. But the last named form of trust does...